March 29, 2006

BEL Salutes: Professor David Ikenberry

Professor David Ikenberry is head of the Finance Department at UIUC's College of Business. Recently, UIUC News Bureau interviewed him and posted this story on their web site:

A Minute with David Ikenberry

David Ikenberry's research has focused on issues relating to stock-market returns as well as the informational efficiency of markets and the reasons why companies buy back their own stock. The growing influence of "activist stockholders" in corporate America has stirred fears that they are mostly speculators looking for quick profits at the expense of established companies. Ikenberry analyzes the background of these high-profile battles.